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tax base
noun
: the wealth (such as real estate or income) within a jurisdiction that is liable to taxation
Examples of tax base in a Sentence
an area with a large tax base
Recent Examples on the Web
Top of mind considerations are how a stadium would benefit the tax base and how much revenue would be needed to go toward public safety and infrastructure costs.
—
Bill Lukitsch, Kansas City Star, 14 June 2024
The developments, if approved, are projected to bring hundreds of more residents to the area and support the city’s tax base.
—
Bridget Fogarty, Journal Sentinel, 31 May 2024
The investment will pay off many times over in the form of a higher tax base, lower crime rates,
and rich cultural and community engagement.
—
Philip Rigueur, Hartford Courant, 14 Apr. 2024
The ultimate goal is to broaden our tax base and stimulate investment.
—
Baltimore Sun Media, Baltimore Sun, 11 Apr. 2024
See all Example Sentences for tax base ![](/dist-cross-dungarees/2024-06-24--16-08-26-f2gnl/images/svg/redesign/arrow-right-exemplar.svg)
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'tax base.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
circa 1943, in the meaning defined above
Dictionary Entries Near tax base
Cite this Entry
“Tax base.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20base. Accessed 30 Jun. 2024.
Legal Definition
tax base
noun1
: a sum (as the total assessed valuation of property in a county) used as the basis of taxation
2
: the source of tax revenue for a governmental body
change the tax base of a school district to reduce the property tax burden
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